Answer:
IF mrs Jones wants to make 14% on the bond this is her required return and what the ytm of the bond should be to make her want to buy the bond. Because the bond pays a coupon of 12% she will want to pay less than the face value of the bond, so that the overall return can be 14%. Whenever the coupon rate of the bond is less than the required return or ytm, the bond is sold at a discount. In order to find at what price should she buy the bond we will need a financial calculator and input the following
FV= 10,000
YTM= 3.5 ( We divide 14 by 4 to find the ytm because the bond has quarterly compounded payments)
PMT= 300 ( We find out the 12% of 10,000 and divide it by 4 because the bond has quarterly payments)
N= 48 (12 years into 4 because there will be a total of 48 quarters and 48 payments)
Put these values in a financial calculator and compute the PV
PV= 8,845
The present value of the bond is 8,845 if the required return is 14% which means she should be willing to pay $8,845 for the bond today.
Explanation:
Answer:
Bank will hold Mary accountable supported the deceitful use of the cardboard is $500
Note: Bank can’t make Mary answerable for the complete stolen amount from her ATM, as she conversant the bank at intervals every week when the cardboard was stolen, during these circumstance if the bank is informed about the stolen ATM directly the client is accountable for $50 in losses, whereas if they inform when three days quantity raise to $500 in losses.
Answer:
B. Automation
Explanation:
Option A is incorrect as a human resource cannot be a material handling robot.
Option C is wrong as statistical quality control cannot do the same task as a material handling robot can. Statistical quality control can ensure quality by minimizing risk.
Options D and E are incorrect, respectively, as flexible manufacturing cannot improve the raw materials, and fixed layouts cannot be the element of the raw material process.
Option B is correct as a material handling robot is a machine. Therefore, automation is necessary to improve the raw materials handling process.
Answer:
True
Explanation:
As per the contract details, Melonville Times will telecast and run an advertisement on Friday and in the morning of Saturday, as later during Saturday the sales has to be done.
In case of any failure from Melonvile Times, it is liable to pay $50. Now, by the clause and word enforceable means actionable in real terms.
Since there is a formal written contract between the parties and the purpose of such advertisement and the value in case of any failure is defined, the liquidated damages provided are enforceable.
Note: It is assumed as the organisations are legal and professional all the conditions to make the contract legally valid is true.
Therefore, above stated statement is true.
Cindyliz is wrong in this situation
Both Cindyliz and The Hutch Fashions did not signed any contract that specify the obligation that The Hutch Fashions need to sell a certain type of product to Cindyliz. She just obtained a summer catalogue, not a purchase order. A catalogue only filled with list of product information that company sold.